1991 Starting from the core

In an inconspicuous small courtyard, a tall old man was playing with the flowers and plants in the flower bed. Today's People's Daily and Capital Daily are placed on the wicker chair, and a pair of reading glasses are placed on it.

The old man's hair has turned completely white, but he is in good spirits and extremely healthy.

After placing the kettle for watering the flowers, the old man sat back on his chair, picked up the newspaper and started reading.

Not long after, the sound of a car arriving was heard outside the door, and a staff member walked quickly. After speaking a few words in his ear, the old man quickly stood up and walked towards the door.

…

"Mr. Xiao Su, you're so busy and why come here... Hey, it's still a waste of money."

Seeing the gift box Su Yuanshan brought, the old man laughed, his words full of joy, but he kept teasing: "Now, I am a retired old man, and I can't help you."

"Ahem...leader."

"Don't scream, just think of me as an old man playing chess on the street."

Su Yuanshan smiled bitterly.

But don't mention it, the old man in front of you seems to be much kinder now, without any of the aura he had when he was doing economic work before.

But if he really wanted to make his old man a chess master, Su Yuanshan would never dare.

After avoiding the old man's teasing, Su Yuanshan briefly explained the situation.

This time he came here mainly because he wanted to get a feel for the bottom line in the free trade zone - logically speaking, he should go directly to the current BOSS, or simply the leader who always brings specialties from Shanghai, but How should I put it...there are always some taboos to avoid.

Then it would be very appropriate to find this man who had previously promoted Yuanxin mobile phones.

After all, whether it is the World Trade Organization or the Free Trade Area, this uncle was fully responsible for it.

…

"When we joined the WTO, we made a lot of commitments."

The old man looked at Su Yuanshan. Once he talked about formality, his seriousness returned: "We must have a clear understanding that business between countries is inseparable from the politics between countries. And this politics , including international politics and domestic affairs - to put it more bluntly, sometimes, when we fail to fulfill our commitments, it is not our intention, but it depends on the actual situation."

Su Yuanshan has been listening carefully and nodded in agreement.

"Take this liberalization of the communications industry as an example. Essentially, it is still in the field of communications. We have the technical power and the right to speak. The country has also gradually abolished policy subsidies such as initial installation fees. At the same time, there have been conflicts between several major communications companies. Competition has also moved towards the right track of market economy."

When Su Yuanshan heard this, he smiled and added: "Not only has it entered market competition, but the competition is also extremely fierce."

When the old man heard this, he just thought for a moment and then looked at Su Yuanshan: "Oh? Is there something wrong?"

Su Yuanshan immediately felt admiration in his heart - Jiang was really old and spicy, and he could hear what he was implying.

So, he said jokingly: "The competition is too fierce. I heard that some places directly destroyed other people's equipment in order to compete for users."

"...Nonsense."

"Ahem... But this also shows that the monopoly in the domestic communications field has indeed been broken."

"Well... that's true." After a pause, the old man ignored the interlude and continued: "Also, don't be stressed. You can't put all your eggs in one basket. Your ideas and practices of actively expanding outward are all very good. .Introducing foreign capital to compete internally will have a positive effect on our image and on improving the management capabilities of our company. As for money, people should make money, as long as they have the ability .”

Su Yuanshan nodded: "Yes, globalization has now entered an irreversible process. In this process, we must benefit the most."

"Yes, but don't forget that the current globalization is still dominated by the financial hegemony over there."

"You should have also judged that there may be some problems with the subprime economic model over there." The old man paused and looked at Su Yuanshan with a burning gaze: "I know your talent in the financial field, please give me a judgment .”

*

*

After staying in the courtyard for almost two hours, Su Yuanshan returned to the courtyard of the Capital R\u0026D Center.

After dinner, he connected with his daughter and son via video again, and then sat down at his desk.

Opening the notebook, Su Yuanshan fell into thinking about the document.

The words of the "old chess player" in the afternoon gave him a clear judgment on China's current foreign economic strategy.

Frankly speaking, China has indeed made a lot of concessions to satisfy the resentment over there. Moreover, it can be expected that both parties will also take some measures to build plank roads openly and covertly to strengthen the current phased results of the free trade zone.

——The one that connects the consensus is the subprime loan model that has gradually attracted the attention of all three parties.

Su Yuanshan didn't know when the subprime mortgage crisis in the previous life began to enter the irreversible stage. He only knew that the sign of detonation should be the bankruptcy of Lehman Brothers - but the explosives must have been planted before.

And everyone knows that at this stage, the global economy is one where the whole world sneezes when the United States catches a cold - the more deeply intertwined and tied up the economy of the United States and the United States are, the more likely they are to be infected.

It just so happens that the three parties in East Asia are the ones most closely tied to that side.

In order to strengthen the resistance against "unknown risks", it has become natural that the free trade area was "suddenly" promoted and the results must be preserved no matter what.

After thinking for a long time, Su Yuanshan began to write the title.

"Beware of the Crisis of the FDC Economy"

The time came to nine o'clock in the evening.

A commercial vehicle quietly drove into the courtyard at night.

"BOSS."

Carly stood at the door of Su Yuanshan's office, but did not enter the room immediately. Instead, she looked around: "I heard that a house like this is very expensive?"

"It was very cheap when I bought it, but now... it's a little expensive. After all, this is the imperial capital, and every inch of land is precious." Su Yuanshan smiled and stretched out his hand: "Let's go into the house and talk."

"Hmm... But your room doesn't seem like a secret office." Carly stepped into Su Yuanshan's office and said humorously after looking around.

"We are not talking about secrets. Where is the need for a secret office?"

After the two sat down on the sofa, Wen Xiaoqian helped them serve tea, then left and closed the door at the same time.

Seeing that there was no one else around, Carly's expression gradually became serious. After pondering for a few seconds, she said softly: "BOSS, actually I am not very willing to invest in Lianxun."

"Why?" Su Yuanshan was slightly startled and looked at the other party in disbelief: "The policy given to you is very good. Da Qin is supporting you...and then you have everything. Just pay two dollars, and then Waiting to sit on the ground and divide the spoils."

"How long is the investment return period?" Carly did not answer directly, but asked rhetorically.

"... In this basic communications field, we are not considering the number of years of return on investment. Rather, we are considering how much rent we can collect - don't forget, this is a huge market with a population of 1.3 billion. And you can also use Daqin to Taking Lianxun as a starting point, we will gradually expand to the entire Asia...why don’t you want an opportunity that others only dream of?”

"Because we can't compete."

"..." Su Yuanshan became speechless.

After pondering for a few seconds, he whispered: "Maybe you have some misunderstanding about domestic policies and investment environment..."

Carly made a gesture indicating that she was willing to hear the details.

"Let's put it this way, Carly, I can tell you responsibly. You will never find an emerging investment market with more development potential than the mainland."

"BRIC."

When Su Yuanshan heard this word, he was immediately surprised. He glanced at Carly a few times, and then asked tentatively: "You weren't fooled into lameness by the Goldman Sachs gang, were you?"

In 2001, Jim O'Neill, Chief Economist of Goldman Sachs, first proposed the concept of "BRIC", specifically referring to the world's emerging markets - the first letters of these four countries when arranged, happen to be BRIC, which means BRIC.

It took Carly several seconds but she still didn't understand what Su Yuanshan meant by "fooling around" in English. Su Yuanshan had no choice but to patiently explain: "It means that he believed in a certain set of arguments that seemed reasonable."

“Is the BRIC concept unreasonable?”

"The concept of emerging markets is reasonable, but the specific countries...may not be. I know that in the past ten years, India next door has more and more faces in Silicon Valley, and several decent technology and industrial cities have also emerged. But you are For those who have been to the provincial capital, what can they compare to the provincial capital?”

"I won't talk about the semiconductor field..."

"BOSS, that's right." Carly sighed: "Mainland has Yuanxin. We want to continue to develop. There is no need to launch a head-on challenge with Yuanxin."

After a pause, Carly added: "Unless you are no longer in Yuanxin - oh no, that's impossible. Even if you are no longer in Yuanxin, you can still affect Yuanxin's future."

Su Yuanshan suddenly couldn't laugh or cry.

How afraid of him is this woman...

Of course, what he didn't know was that in the past few years, Carly had tried countless times to get rid of Su Yuanshan's "shadow", or "influence".

However, after a few years, apart from proving that the route and policies set by Su Yuanshan were extremely correct, there is nothing more - to this day, Xinghai's most profitable business is still the two major fields of communication equipment and semiconductor chips, and The most influential one is the Internet field.

Especially graphics card chips, with the rise of the gaming industry, commercial graphic design and other fields, the Vidoo department has become the undisputed overlord in the graphics card industry. The CPU department is also on an equal footing with AMD and Yuanxin, and they keep going back and forth.

As for Intel, it is no longer the dominant player in the processor field.

"Will Xinghai participate in the joint venture this time?"

"I still want it."

"..."

"But not necessarily in the current way." Carly stared at Su Yuanshan and said softly: "BOSS, please help evaluate whether Lucent is worth acquiring."

"Holy shit?" Su Yuanshan's eyes widened immediately. After confirming that Carly was not making him happy, he immediately realized that this woman was really scheming!

Here, I invited someone to do joint investment, and then I secretly wanted to take over the deal...

"That's wrong." Su Yuanshan was stunned and immediately stared at Carly.

"If you want to acquire Lucent, then last year was a good opportunity. Why wait until now?" Su Yuanshan frowned: "Lucent was facing splitting last year, and if the lawsuit with us continues, sooner or later they will be dragged to death - —If you had acquired it at that time, we would have completed the settlement directly. How great would it be? Now that you are acquiring it, wouldn’t you lose a lot of money?”

——When Lucent and Yuanxin launched lawsuits against each other, Carly was the mediator. Even later, Carly was the one who helped Lucent develop mobile phones. What she realized was that she saved Lucent's life.

You don't claim it's life, you take it's life, and now you personally save someone's life and then try to take someone else's life...it can't be justified no matter what.

"Yes." Carly nodded calmly.

"but……"

"But what?" Su Yuanshan asked immediately.

"Next generation communications." Carly took a deep breath: "This year, I realized that we must get the seat we deserve in the next generation of communications technology - or in other words, the next generation of communications technology standards. "

5G.

…

"Xinghai is determined to develop 5G. This is something I never expected."

After Su Yuanshan sent Carly away, he and Wen Xiaoqian walked back to the office.

It was already close to eleven o'clock in the evening, and it was time for them to pack up and rest.

"Mr. Shan, I didn't listen to your chat...but I always had a feeling when Carly came out." Wen Xiaoqian hummed and stood still, frowning slightly and said: "You said, Carly can Do you want your opinion without reservation?"

Su Yuanshan was startled: "What do you mean?"

"I mean, is it possible that Carly is hiding something in front of you..." Wen Xiaoqian bit her lip and hesitated: "Anyway, I think it is unlikely that she will tell you the complete truth - if it were me Even with her status, I can’t do it either.”

Su Yuanshan stood still and slowly recalled all Carly's words and deeds after entering the door.

"You think... Yuanxin is Xinghai's biggest opponent!" Wen Xiaoqian's eyes were bright, and she raised her fingers: "Mobile phones, Internet, CPU, GPU, ASIC - these fields, we and Xinghai are highly overlapped. .”

"Xinghai was the copy of Yuanxin in Silicon Valley at the beginning, and it was regarded as a sister company of Yuanxin... Whether it was the development route or the founder, it was all formulated by you, Mr. Xi, and Mr. Yang... For so many years, their framework and routes have been exactly the same as Yuanxin.”

"Yeah." Su Yuanshan frowned deeply.

No matter how well Wen Xiaoqian analyzed it, or whether Carly was hiding something from her.

But one thing is for sure.

Carly can play tricks on Yuan Xin and Su Yuanshan, but Su Yuanshan cannot play tricks on Xinghai.

——Xinghai Fund is the major shareholder of Xinghai Technology. He is the major shareholder of Xinghai Fund. Regardless of interests or emotions, his opinions must be conducive to the development and future of Xinghai.